Energy

Future Returns: Climate Bill to Spur Investment Opportunities

Climate legislation passed by Congress and endorsed by President Biden in mid-August will create more investment opportunities for those who want to help further the U.S.’s energy transition away from fossil fuels. What many of these opportunities will look like is not known, but the law—with $369 billion aimed at increasing domestic supplies of clean …

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Countdown to 2030 – Here’s what needs to be done

NEW YORK, Sept. 16, 2022 (GLOBE NEWSWIRE) — During New York Climate Week on September 20, 2022, the Danish Cleantech Hub, His Royal Highness Crown Prince Frederik of Denmark and Doreen Harris, President and CEO of NYSERDA, will join more than 200 leading companies and asset managers from the US and Denmark to showcase solutions …

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4 takeaways from the Investing Club ‘Morning Meeting’ on Tuesday

Every day the CNBC Investing Club with Jim Cramer streams “Morning Session” live at 10:20am. ET. Here’s a recap of Tuesday’s highlights: Oscillator Says Market Still Oversold Our DVN and CRM Trades Quick References: HON and LLY Watch These Bullpen Stocks 1. Oscillator Says Market Still Oversold The Stocks were in the red and green …

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The Radiation Chemistry Research Center is taking a forgotten science into the future

Newswise — The science of radiation chemistry flourished from the 1940s to the 1960s as the United States weighed the benefits of many different reactor technologies to feed an energy-hungry planet. During this time, researchers needed to understand how chemical reactions occurred in high-radiation environments to optimize the performance of materials, fuels, and coolants in …

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Rwanda: Lack of funded projects ‘could undermine’ clean cooking goals

Even as Rwanda seeks to reduce the proportion of households using wood fuel for cooking, a lack of funded projects by producers of clean cooking technologies could undermine efforts to meet targets, experts said. The government aims to reduce the proportion of households using wood fuel for cooking from 79.9 per cent in 2017 to …

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Norway invests in Indian solar project, sees it as a priority market

India is targeting a significant increase in renewable energy capacity, but meeting its targets is a major challenge. Puneet Vikram Singh | Moment | Getty Images Norway’s Climate Investment Fund and the country’s largest pension company, KLP, are to invest in a 420 megawatt solar power project being developed in Rajasthan, India. The two parties …

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Texas prohibits financial firms from doing business with state agencies

Subscribe to The Brief, our daily newsletter that keeps readers up to date on the most important Texas news. Texas has banned 10 financial firms from doing business with the state after Comptroller Glenn Hegar said they don’t support the oil and gas industry. Hegar, a Republican running for re-election in November, banned BlackRock Inc. …

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Saint-Gobain to upgrade technology at Palatka, Florida gypsum plant, increasing recycled wall content and reducing carbon emissions

Saint-Gobain, through its building products subsidiary CertainTeed LLC, will install recycling technology at its gypsum plant in Palatka, Florida, increasing the recycled content in its products manufactured in Palatka by 18,000 tons per year while reducing emissions carbon dioxide of the site. 2,260 tons/year. The project represents a $1.1 million investment by CertainTeed and comes …

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Mantel Launches Carbon Capture Technology to Reduce World’s Atmospheric CO2 and Help Achieve Net-Zero

Mantel, the creator of a new carbon sequestration solution, announced a $2 million investment led by The Engine, the MIT spin-out venture capital firm that invests in early-stage Tough Tech companies. New Climate Ventures also participated in the seed round. Mantel’s solution is the first high-temperature, liquid-phase carbon capture system. Designed to operate at the …

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Money services firms penalized for failing to adopt strong anti-money laundering practices

Two recent federal enforcement actions—announced on the same day—underscored the need for crypto companies to carefully review their anti-money laundering (AML) obligations or risk significant penalties. First, on August 8, 2022, the US Treasury’s Office of Foreign Assets Control (OFAC) added Tornado Cash (Tornado) to the list of Specially Designated Nationals (SDN). Accordingly, Tornado generally …

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